Slovak Republic 2010 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion
The economy is emerging from a deep recession. The downturn has, however, exacerbated the unemployment problem. The authorities and IMF staff agreed that the recession represents a permanent loss of potential output and lower potential growth. Relatively sound fiscal policies in the pre-crisis perio...
| Corporate Author: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C.
International Monetary Fund
2010
|
| Series: | IMF Staff Country Reports
|
| Subjects: | |
| Online Access: | |
| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | The economy is emerging from a deep recession. The downturn has, however, exacerbated the unemployment problem. The authorities and IMF staff agreed that the recession represents a permanent loss of potential output and lower potential growth. Relatively sound fiscal policies in the pre-crisis period helped contain the deficit and bring down the public debt. The financial sector is weathering the global financial crisis generally well. Unemployment and its regional dispersion are a major concern. The share of workers with higher education is low |
|---|---|
| Physical Description: | 33 pages |
| ISBN: | 9781455207817 |